Negotiating the best deal for your research is something few junior faculty members are prepared for. Here’s some friendly advice.
New faculty are often given a start-up fund by their new department, which is designed to be enough to cover equipment costs and other expenses before the grants start knocking on the door. The sum of the start-up isn’t set in stone, and this leads to a dreaded period of negotiation; the difficult and lengthy process that few junior faculty members are prepared for. Here, Naturejobs offers help and advice that any new faculty member should bear in mind when trying to get the best deal to carry out their research.
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1. Know what you need before beginning any dialogue
Before beginning any negotiation, make sure to know what you absolutely need to carry out your research. Whether this is a telescope, the latest interactive graphics package, a peptide sequencer or a good old-fashioned centrifuge, getting your essentials right will put you in the right position to begin negotiating.
2. There’s no point having equipment if you don’t have any hands to use it
One of the largest costs you can expect to come out of your start-up fund are the salaries of PhD students and postdocs. They’re the most crucial components of the lab for almost all researchers. These are also expensive and, unlike equipment, you have to keep paying for them. If you don’t have the hands available to do the science, all of the new shiny equipment in the world isn’t going to make a difference. Factor trainee costs into your budget. Continue reading
